Cruise Lines for Sale and Investment Opportunities in Mumbai

Mumbai-based business operating casino, restaurant, and cruising from Mumbai (Bandra) to Gujarat. - Started commercial operations two years ago with an average sales of INR 21 lakh monthly. - Operations have been halted since the past four months due to the Covid-19 pandemic. - Majority of the revenue is generated from the casino. - Have acquired all permissions from the Government of Gujrat and the ports. - We had an occupancy rate of 80% throughout the time we were running. - Cruise has a capacity to accommodate 300 people at a time. - The ship has 20 cabins, a restaurant, a sky lounge area, a bar, casino, disco, 100 rest chairs, and a gaming zone. - The cruise sails once a week and the rest of the time it is stationed in Mumbai and operates as a floatel restaurant. - The cruise can be booked and sails to other places on-demand. - The average ticket price is INR 6,000 per head. - Intends to sail and start trips to Dubai during the monsoons in the upcoming year. - Have tremendous potential for developing to the next level. - The port fee of INR 2.5 lakh has been exempted by the Gujarat Government. - Physical assets include the ship, interiors, equipment and furniture. - This is a venture that has two partners while one company owns the ship and the other runs it. However, the company owning the ship is a silent partner. - Post investment the operations of this vertical will be spun off under a newly incorporated legal entity & the investor will be effectively acquiring a stake in the new legal entity which will include all the assets including the ship. - Currently not operating due to Covid and Monsoon.

Mumbai-based business operating casino, restaurant, and cruising from Mumbai (Bandra) to Gujarat. - Started commercial operations two years ago with an average sales of INR 21 lakh monthly. - Operations have been halted since the past four months due to the Covid-19 pandemic. - Majority of the revenue is generated from the casino. - Have acquired all permissions from the Government of Gujrat and the ports. - We had an occupancy rate of 80% throughout the time we were running. - Cruise has a capacity to accommodate 300 people at a time. - The ship has 20 cabins, a restaurant, a sky lounge area, a bar, casino, disco, 100 rest chairs, and a gaming zone. - The cruise sails once a week and the rest of the time it is stationed in Mumbai and operates as a floatel restaurant. - The cruise can be booked and sails to other places on-demand. - The average ticket price is INR 6,000 per head. - Intends to sail and start trips to Dubai during the monsoons in the upcoming year. - Have tremendous potential for developing to the next level. - The port fee of INR 2.5 lakh has been exempted by the Gujarat Government. - Physical assets include the ship, interiors, equipment and furniture. - This is a venture that has two partners while one company owns the ship and the other runs it. However, the company owning the ship is a silent partner. - Post investment the operations of this vertical will be spun off under a newly incorporated legal entity & the investor will be effectively acquiring a stake in the new legal entity which will include all the assets including the ship. - Currently not operating due to Covid and Monsoon.